Crop Insurance

New Mexico

Crop Insurance Analysis:

Indemnities for the U.S.

Premium Subsidies for the U.S.

Crop insurance indemnities in New Mexico

Total indemnities, 1995-2022: $1,019,681,334


Indemnities by County, 1995-2022


Indemnities by year, 1995-2022


Indemnities by crop, 1995-2022


Indemnities by cause of loss, 1995-2022

Indemnities by cause of loss
Cause of LossIndemnities paid
1995-2022
GRP/GRIP/ARPI/SCO/ECO/STAX/MP/HIPWI Crops Only*$452,481,971
Drought$194,295,817
Hot Wind$71,045,179
Hail$66,915,667
Freeze$55,237,363
Heat$47,848,945
Wind/Excess Wind$43,416,475
Failure of Irrigation Supply/Equipment$36,550,968
Decline in Price$25,121,523
Excess Moisture/Precipitation/Rain$6,818,531
Cold Wet Weather$6,189,881
Other (Snow, Lightning, Etc.)$5,411,273
Mycotoxin$2,215,462
Plant Disease$2,138,875
Frost$1,181,184
Cold Winter$934,959
Insects$852,360
Wildlife$486,150
Flood$193,757
Fire$130,613
Cyclone$102,972
Erosion$84,042
Tornado$14,264
Earthquake$9,568
All Other Causes$2,602
Fruit Set Failure$933
1995-2022$1,019,681,334

* Types of insurance policies; details on the RMA website. Indemnities for GRP/GRIP crops between 1995-2013; indemnities for ARPI, SCO, STAX, MP, HIP, WI crops 2014-2020, indemnities for ECO crops 2021 and 2022.


Number of years each cause of loss paid out indemnities to farmers, out of the 28 years between 1995 and 2022

* Types of insurance policies; details on the RMA website. Indemnities for GRP/GRIP crops between 1995-2013; indemnities for ARPI, SCO, STAX, MP, HIP, WI crops 2014-2020, indemnities for ECO crops 2021 and 2022

 

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